After 'Whale,' OCC Chief in Crunch Time

By

Michael R. Crittenden

April 18, 2013 6:19 p.m. ET

After being grilled by lawmakers over his agency's botched handling of the J.P. Morgan Chase & Co. "London whale" trades, Comptroller of the Currency Thomas Curry fired off a memo to staff about the breakdown.

J.P. Morgan's failure to provide complete information to the Office of the Comptroller of the Currency regarding more than $6 billion in losses was "absolutely unacceptable," Mr. Curry wrote in the March...